Union Budget 2012 13

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The government's decision comes after data suggested a spurt in crimes by juveniles. Crimes committed by juveniles increased by 13 percent between 2012 and 2013 going from 27,936 in 2012 to 31,725 cases in 2013.

These imports have continued to rise from 2011-12, when they totalled Rs 59,447.40 crore, to Rs 61,539.01 crore in 2012-13. They reached Rs 74,116.21 crore in 2013-14, according to the government data.

Though these three firms, under administrative control of the Steel Ministry, had proposed to spend Rs 15,393 crore in 2014-15, these are likely to end up spending Rs 13,077 crore, as per the revised estimate, in the current fiscal.

In his Budget presented in the Lok Sabha, Jaitley allocated Rs 1389.48 crore as plan outlay, while Rs 151.65 crore was set aside for non-plan for a total figure of Rs 1541.13 crore. Last year the total allocation was Rs 1156.61 crore.

The year 2012 was a year for retrospective amendments whereby the Central Government carried out multiple controversial amendments. The move of the Government not only deteriorated the investment climate of the country but also created a fuss as to the certainty of income tax implications under Indian tax laws.

According to a central government study, Indian cities faced a shortage of about 1.8 crore houses in 2012. KPMG says that number could go up to 4.4 to 4.8 crore homes by 2022. It estimates a massive investment of USD 2 trillion would be required to build these houses over the next seven years.

The government's decision comes after data suggested a spurt in crimes by juveniles. Crimes committed by juveniles increased by 13 percent between 2012 and 2013 going from 27,936 in 2012 to 31,725 cases in 2013.

These imports have continued to rise from 2011-12, when they totalled Rs 59,447.40 crore, to Rs 61,539.01 crore in 2012-13. They reached Rs 74,116.21 crore in 2013-14, according to the government data.

Though these three firms, under administrative control of the Steel Ministry, had proposed to spend Rs 15,393 crore in 2014-15, these are likely to end up spending Rs 13,077 crore, as per the revised estimate, in the current fiscal.

In his Budget presented in the Lok Sabha, Jaitley allocated Rs 1389.48 crore as plan outlay, while Rs 151.65 crore was set aside for non-plan for a total figure of Rs 1541.13 crore. Last year the total allocation was Rs 1156.61 crore.

The year 2012 was a year for retrospective amendments whereby the Central Government carried out multiple controversial amendments. The move of the Government not only deteriorated the investment climate of the country but also created a fuss as to the certainty of income tax implications under Indian tax laws.

According to a central government study, Indian cities faced a shortage of about 1.8 crore houses in 2012. KPMG says that number could go up to 4.4 to 4.8 crore homes by 2022. It estimates a massive investment of USD 2 trillion would be required to build these houses over the next seven years.

In the Union Budget 2012- 13, the Finance Minister introduced a new scheme called - Rajiv Gandhi Equity Saving Scheme with dual benefits of understanding and investment in Select Equities and also enjoying tax benefits for select investors. Read this space to know the key highlights of the scheme.

The government has introduced Rajiv Gandhi Equity Scheme for new equity investors in the Union Budget 2012-13 Under the proposed scheme, a 50 per cent deduction on short-term capital gains tax will be allowed for new investors in the equity market up to an annual investment limit of Rs 50

Source:Economic Times - NEW DELHI: The Finance Minister Pranab Mukherjee on Monday announced various amendments in the Finance Bill proposed during the Union Budget 2012-13. Seeking to put to rest to both Indian and foreign investors Mukherjee delayed the application of GAAR by a year. Here

Source:The Hindu BusinessLine - April 22, 2012: The Finance Minister clearly indicated that Union Budget 2012-13 is a precursor to the Goods and Services Tax by proposing to introduce the negative list of services, under which all services would be taxed barring the 17 specified services. The list

My yet another target For AB Nuvo achieved this is was I had predicted on 1st of March
"The Union Budget 2012-13 is expected to be corporate house friendly and AB Group will gain to the levels of Rs.1000/- levels owing to positive Q-4 results and moderate Government Policy decisions.
I will update

Angel Broking has come out with its report on auto sector. Automobile sales surged at a brisk pace in March 2012 with passenger vehicles (PV) reporting healthy growth aided by pre-budget buying in anticipation of excise duty hike in Union Budget 2012-13.